Fulcrum

Split the stock
where it tips.

Split a tokenized stock at the strike. Below it, the steady side and a premium every epoch. Above it, the lift.

Take a sideSee the mechanics

Four moving parts.

01
0110 bps

Strike

02min(P1, K)

One

03max(P1 - K, 0)

Convex

040.30%

Trade

05no fee

Merge

063 reporters

Settle

0755%

Sweep

0110 bps

Strike

02min(P1, K)

One

03max(P1 - K, 0)

Convex

040.30%

Trade

05no fee

Merge

063 reporters

Settle

0755%

Sweep

The lever, in seven parts.

Drag · swipe · arrow keys
01 / 07

Strike

Split the stock at this epoch's strike10 bps

Try the pivot.

The strike is the fulcrum. Below it the whole share belongs to One; above it every dollar tips to Convex. The beam shows who is carrying the value at any price.

strike $315.00
One
$315.00
capped at the strike
Convex
$9.00
2.8% of the share
$324.00 +8%
-20%-10%0%+10%+20%+30%

Example: AAPL opens at $300.00 with a 5% cap. Slide the price and watch the ball roll.

Every hour, the fees are swept.

Everything the protocol earns is converted to USDG once an hour and paid out on the spot. Stakers of $FULC take the largest share.

Stake $FULC
  1. 55%The hourly sweep

    USDG to $FULC stakers, pro-rata by boosted weight

  2. 20%Buyback and burn

    TWAP buyback in twelve slices per hour

  3. 15%Backstop Vault

    USDG reserve for tail events

  4. 10%Treasury

    Protocol operations, on-chain reporting

This week, day by day.

We post when it works. Every item comes with a link and a transaction hash.

  1. Every contract verified on Blockscout

    Readable, verified source at every address.

    MonSep 14

  2. Live feed and protocol health

    Splits, merges and sweeps as they land; the monitor's checks in public.

    TueSep 15

  3. Oracle on three feeds, live quote

    A median of three providers behind every print, the market price beside it.

    WedSep 16

  4. oneAAPL and cnvAAPL on Uniswap v4

    Both tranches tradable against USDG.

    ThuSep 17

  5. DefiLlama and the settlement walkthrough

    Listing submitted; how October 9 plays out.

    FriSep 18

  6. Public charts and DONE burned

    TVL, premium per epoch, burns with hashes.

    SatSep 19

  7. Week 1 recap

    Everything shipped, in one thread.

    SunSep 20

Every number is on the chain.

8 contracts on Robinhood Chain, chain 4663. The status page says whether they are healthy, and every address links to the explorer.

VaultFactory0xbB5eCE…6434dc
EpochManager0x55fC96…23b892
ConvexAuction0x156567…276e4b
BagDistributor0x9B0ee5…25B883
Staking0xFB0B65…8DE029
PriceOracle0x1d8d76…35357b
USDG0x5fc536…F1d168
FULC0x196c07…02927e
StatusDocs and invariants